British Gas customers could save up to £172 on their energy bills against rates by switching to a fixed deal.

currently offers a Fixed V32 tariff which costs the average dual fuel household £1,677 over a 16-month fix - £172 less than April's price cap rates.

will increase its price cap for the third time in a row from April 1, taking the average bill for households in England, Wales and Scotland on a standard variable tariff up to £1,849 per year.

Currently the price cap costs the average dual fuel home £1,738 per year, but the 6.% price hike will add an extra £111 to bills per year - or around £9.25 per month over the three-month period of the price cap.

The price cap sets the maximum rate per unit and standing charge that customers can be charged by suppliers for their energy use - not the total bill, so if you use more energy then you will pay more.

But price comparison website Uswitch says it's possible for households to beat the April price cap as energy suppliers currently offer deals that are below the new rate, with British Gas being the cheapest of the large suppliers.

Richard Neudegg, director of regulation at Uswitch, said: "The hat-trick hike of 6.4% in April will add £111 to the average annual bill in yet another price cap blow for standard tariff customers. Consumers can take action to avoid this. If you are still riding the rising rates, now is the time to find a better deal.

"There are plenty of fixed deals available that are cheaper than today's rates, let alone the higher April prices. A fixed deal could protect you from further price increases for 12 months or longer.

"The cheapest fix on the market, currently from Outfox the Market, could save the average household around £179 per year versus the April price cap.

"The larger suppliers are also vying for customers. The cheapest large supplier fixed deal is from British Gas and could save the average household around £172 per year against the April rates.

"Households still sitting on a deal linked to the price cap can absolutely beat the upcoming hike. We urge anyone who hasn't switched in a year or more to see what savings they can make."

The British Gas Fixed Tariff V32 would cost the average dual fuel household £1,677 annually, fixed for 16 months. Customers should note there is a £50 per fuel exit fee charge.

The deal is exclusively available on Uswitch, Confused.com, and direct via British Gas. Customers who switch to this deal through Uswitch.com can top-up their savings by earning £20 Uswitch Cashback.

Read more
Before eating this leaf, know its advantages and disadvantages – otherwise your health may deteriorate! – News Himachali News Himachali
Khelja
This service of SBI will not work on the night of 25th October, use UPI Lite to make payment
Khelja
Advertising Icon Piyush Pandey Remembered by Anand Mahindra, Masaba, and Harsha Bhogle
Khelja
Goldman Sachs Warns Risks Of A Drawdown Are Rising As US Equities Climb To Fresh Record Highs: Report
Khelja
SNDX Stock Is The Talk Of The Town Today: Here’s Everything To Know About The Latest FDA Approval
Khelja
Kurnool Bus Fire Horror: Andhra Pradesh Govt Announces Ex-Gratia of Rs 5 lakh
Khelja
Ford, Intel, AMD, Neuphoria Therapeutics, Deckers Outdoor: Stocks Making The Biggest Moves Today
Khelja
Quality Street fans rush to Asda as price slashed to £2.98 for limited time
Newspoint
Instagram Influencer Scammed of ₹50 Lakh Using Fake Copyright Strike Threats; Cyber Cell Launches Investigation
Newspoint
La Liga 2025/26: Prime time El Clásico takes center stage in action-filled Gameweek 10 in Spain
Newspoint